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eduard
1 year ago
7

Firms such as IKEA and The Home Depot are known for their use of __________ because they set reasonably low prices but still off

er high-quality products and adequate customer services. Select one: a. prestige pricing b. value-based pricing c. market equity pricing d. relational pricing e. skimming pricing
Business
2 answers:
Maslowich1 year ago
7 0

Answer:

b. value-based pricing

Explanation:

Value based pricing is a pricing strategy to set price of products based on value perceived by the purchaser. To have increased profit margin, business deduces the number of benefit the product provides to consumer. Then it establishes price which takes consideration of manufacturing cost, competitive price and consumer's willingness to pay price for the goods.

In the question  mentioned IKEA not only provide functional benefit for the product but also quality, design, and services at low prices hence it is an instance of value based pricing.

Nadya [2.5K]1 year ago
3 0

Answer: (B) Value-based pricing    

Explanation:

 The value-based pricing is one of the type of business strategy where the various types of companies and organization are promoting the products and the services on the basis of price and the values.

The main objective of the value based pricing is that it helps in setting the specific  price of the products on the basis of the customer perceived value and this type of strategy basically focuses on the customer where the companies offering various types of exclusive offers.

 According to the question, the IKEA and the home depot is one of the type of companies that basically offering the various types of value based pricing strategy. Therefore, Option (B) is correct answer.      

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For product W, a firm has an annual holding cost percentage of 20%, an ordering cost of $110 per order, and annual demand of 15,
Rudiy27

Answer:

812.40 units

Explanation:

Given that,

Annual holding cost percentage = 20%

Ordering cost = $110 per order

Annual demand = 15,000 units

Units Ordered - Price Per Unit

1-250 - $30.00

251-500 - $28.00

501-750 - $26.00

751 and up - $25.00

Optimal order quantity:

= \sqrt{\frac{2\times Annual\ demand\times Cost\ per\ order}{Holding\ cost} }

= \sqrt{\frac{2\times 15,000\times 110}{25\times0.2} }

= \sqrt{\frac{3,300,000}{5} }

= 812.40

Therefore, the optimal order quantity is 812.40 units.

3 0
1 year ago
A pharmacist wants to establish an optimal inventory policy for a new antiobiotic that requires refrigeration in storage. The ph
Akimi4 [234]

Answer:

EOQ: 80

order per year: 10

Explanation:

We need to solve for the Economic Order Quantity:

Q_{opt} = \sqrt{\frac{2DS}{H}}

Where:

D = annual demand = 800

S= setup cost = ordering cost = 16

H= Holding Cost = 4

Q_{opt} = \sqrt{\frac{2 \times 800 \times 16}{4}}

EOQ = 80

Orders per year = 800 demand/ 80 order size= 10

5 0
2 years ago
Asonia Co. will pay a dividend of $4.30, $8.40, $11.25, and $13.40 per share for each of the next four years, respectively. The
Elan Coil [88]

Answer:

$28.53

Explanation:

Asonia Co. stock price will be calculated using discount factor of 9.9% which is investors required rate of return for company's stock.

Stock price = dividends * (1+r)^ - n

$4.30 (1.099)^-1 + $8.40 (1.099)^-2 + $11.25 (1.099)^-3 + $13.40 (1.099)^-4

$3.91 + $6.95 + $8.48 + $9.19

$28.53

4 0
2 years ago
Giving a retailer an incentive to sell your product/service is the responsibility of which of the marketing mix?
likoan [24]

It depends on the contract. But it's mostly what seller do  ...

6 0
2 years ago
Imagine you are the director of global business development for a large Swedish engineering company that wants to win a contract
Nesterboy [21]

Answer: I would reject his demand for bribe straight away and i will recommend senior management to protect business ethics at all cost.

Explanation: first of all i would not accept the demand of bribe from the official and would try to report this corruption to the concerned authorities.I would try to pressure the authorities to take strict actions against the official and to make the process to be fair and honest in every way.

I as a representative of my company would recommend senior management to take hands off from the project until appropriate actions are taken by the authority as getting into unethical actions might result in problems in future .

5 0
1 year ago
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